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Personal Property Tax (PPT) Reimbursements
Buildings and streets in downtown Lansing, Michigan.
Personal Property Tax (PPT) Reimbursements
About the PPT Reimbursements
The Local Community Stabilization Authority Act, 2014 PA 86, MCL 123.1341 to 1213.1362, provides for reimbursements to municipalities for operating and debt millages based on personal property taxable value declines and Eligible Manufacturing Personal Property (EMPP) acquisition costs.